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Corporate Governance
: The Race to the BottomThe 5% Access Threshold is Rejected in the House
By J Robert Brown Jr.
Congressman Frank has just announced that the House is rejecting the 5% access threshold inserted by the Senate conferees into the financial reform bill. He is instead recommending a set of instructions to the SEC that provide guidance on assorted considerations by the SEC in adopting access, including the long term interests of shareholders. The hearings are ongoing.
Full post as published by The Race to the Bottom on June 24, 2010 (boomark / email).
House Closing
Sealing a home sale
School House Abuse
Selwyn House School agrees to $5 million teacher molestation settlement.
Merger Agreement Rejected
Finish Line and Genesco reach $175 million settlement in merger dispute.
Nestle USA
Recalls Toll House Refrigerated Cookie Dough Products
Lighter Blamed in House Fire
Cricket Lighters settles $200,00 wrongful death lawsuit.
Getty Images
Faces Class Action over Premium Access
Microsoft Corp.
allegedly failed to provide adequate access and service to Xbox Live and its subscribers.
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